Mountain Realty Group

Got Questions? Give Us a Call! We’ve called this beautiful area of East Tennessee our home for many years and there’s not too much about it we don’t know. So if you’ve got questions, we’ve probably got the answers! If we don’t, chances are we know where we can find them! Call us at 865-908-2909 or send an email to info.lovewhereyoulive@gmail.com. Someone from the Mountain Realty team will get back to you as soon as possible. We thank God every day for the blessings He’s given us and this business and we’re also thankful that you took the time to visit our website. We’d love the opportunity to meet you face-to-face and see if we can help you find the right home. We want you to join our other happy clients in saying you truly “love where you live.

Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, in turn, lead to a fall in house values. Ultimately, however, prices are determined by supply and demand and while rising mortgage rates may slow demand, they also affect supply. From the report:  “For current homeowners, the decision to buy a new home is typically linked to their decision to sell their current home… Because of this link, the financing costs of the existing mortgage are part of the homeowner’s decision of whether and when to move. Once financing costs for a new mortgage rise above the rate borrowers are paying for their current mortgage, borrowers would have to give up below-market fin...

Contact Michael McConnell REALTOR ivapower@aol.com 865-548- 8882

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